You Can Make It Homeownership Center Inc
- Assets
- $182.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Smyrna, TN
- Founding
- 04/2006
- Data as of
- 12/2021
- EIN
- 83-0423384
Organization Overview
You Can Make It Homeownership Center Inc is located in Smyrna, TN. The organization was established in 2006. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2021, You Can Make It Homeownership Center Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. You Can Make It Homeownership Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, You Can Make It Homeownership Center Inc generated $197.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $201.0k during the year ending 12/2021. While expenses have increased by 3.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
EDUCATION CLASSES & COUNSELING TO HELP FIRST-TIME HOME BUYERS. CONCENTRATE ON LOW-INCOME HOUSEHOLDS & OTHER UNDERSERVED AREAS. HELP IMPROVE FINANCIAL MANAGEMENT SKILLS & CONSUMER C
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Harding Executive Director | 40 | $55,042 | |
Judy Quarles Chair | 1 | $0 | |
Alonzo Stanley Secretary-Treasurer | 1 | $0 | |
Jeffrey Harding Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,083 |
| Total Program Service Revenue | $137,929 |
| Membership dues | $0 |
| Investment income | $14,495 |
| Gain or Loss | -$2,050 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $197,457 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $71,922 |
| Professional fees and other payments to independent contractors | $79,257 |
| Occupancy, rent, utilities, and maintenance | $19,526 |
| Printing, publications, postage, and shipping | $23 |
| Other expenses | $30,262 |
| Total expenses | $200,990 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,982 |
| Other assets | $0 |
| Total assets | $182,754 |
| Total liabilities | $76,599 |
| Net assets or fund balances | $106,155 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that You Can Make It Homeownership Center Inc has recieved totaling $89,500.
| Awarding Organization | Amount |
|---|---|
National Community Reinvestment Coalition Inc Washington, DC PURPOSE: HOUSING COUNSELING SERVICES | $89,482 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $18 |
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